iRobot completes sell-off
iRobot has completed the sale of its defense and security business to Arlington Capital Partners for up to $45 million, it announced on 4 April. The payment includes a contingent payment based on certain targets.
iRobot will use the sale proceeds for its $85 million accelerated share repurchase. The transaction strengthens the company’s position in the home robots market, as well as enables it to focus on connected home technologies.
Meanwhile, Arlington Capital Partners has set up a private, standalone company Endeavor Robotics to focus on the defence, public safety and industrial markets.
Colin Angle, chairman and chief executive officer, iRobot, said: ‘The closing of the defense and security business sale marks a new beginning for iRobot as we put our full focus on the home. Successful new product introductions including Braava jet and Roomba 980 point to significant growth opportunities in the consumer robotics market.
‘We look forward to capitalising on our home-focused strategy through new consumer products and technologies for the connected home, continued expansion in key international markets including China, and increased investment in global marketing campaigns.’
More from Uncrewed Vehicles
-
![The shift away from Chinese drone technology presents supplier opportunities]()
The shift away from Chinese drone technology presents supplier opportunities
As countries increasingly move away from Chinese drone manufacturing and focus on domestic production and collaboration, Europe and the US are well-placed to step in – although cost remains a crucial consideration.
-
![What’s next for the Pentagon after the Replicator programme?]()
What’s next for the Pentagon after the Replicator programme?
Although the Replicator initiative has made several accomplishments, there are still multiple gaps to plug across the US Department of Defense (DoD) and its services.
-
![Cummings Aerospace showcases Hellhound loitering munition designed for US Army’s LASSO programme (video)]()
Cummings Aerospace showcases Hellhound loitering munition designed for US Army’s LASSO programme (video)
Cummings Aerospace presented its turbojet-powered Hellhound loitering munition at SOF Week 2025, offering a man-portable solution aligned with the US Army’s LASSO requirements.
-
![SOF Week 2025: PDW unveils attritable FPV drone for SOF operations at scale]()
SOF Week 2025: PDW unveils attritable FPV drone for SOF operations at scale
PDW has revealed its Attritable Multirotor First Person View drone at SOF Week 2025, offering special operations forces a low-cost, rapidly deployable platform for strike and ISR missions, inspired by battlefield lessons from Ukraine.
-
![SOF Week 2025: Teledyne FLIR white paper provides guidance on reusable loitering munitions]()
SOF Week 2025: Teledyne FLIR white paper provides guidance on reusable loitering munitions
Teledyne FLIR is highlighting the emerging requirements for 'recoverable and re-usable' loitering munitions across the contemporary operating environment during this week’s SOF Week conference in Tampa, Florida.
-
![SOF Week 2025: Kraken Technology group debuts K3 Scout USV in North America]()
SOF Week 2025: Kraken Technology group debuts K3 Scout USV in North America
High-performance maritime industry player Kraken Technology Group, based in the UK, has used the SOF Week conference in Tampa, Florida this week to debut its K3 Scout uncrewed surface vessel (USV) to the North American market.
